I commend the Senate for approving the free trade agreement with Peru
with strong bipartisan support. This agreement will level the playing
field for American exporters and investors and will expand an important
market in this hemisphere for U.S. goods and services, which will help
strengthen economic growth and job creation in the United States.
Approval of this agreement also signals our firm support for those who
share our values of freedom and democracy and expanding opportunity for
all.

Today's action by the Senate also marks the approval of the first free
trade agreement that fulfills the May 10 bipartisan trade agreement with
Congress by incorporating enforceable labor and environmental standards.
I look forward to signing this legislation into law and urge Congress to
promptly consider and approve our other pending free trade agreements,
starting with Colombia, which would be important to the stability of the
region, and including Panama and South Korea.